Encompass Announces Industrial Contract Awards Worth More Than $20 Million
Industrial Services Business Unit Recognized for Safety, Customer Service
Achievements
HOUSTON, June 25 /PRNewswire/ -- Encompass Services Corporation (NYSE: ESR) announced today that it has recently been awarded new contracts worth approximately $20 million from a variety of blue-chip industrial customers.
The contracts, awarded to Encompass' Industrial Services business group, include the following projects:
-- Recommissioning of a mothballed liquefied natural gas plant for a
Fortune 100 global energy company near Savannah, Georgia. Encompass
will install five new vaporizers and fabricate and erect a stainless
steel piping system at the facility, which has been out of service for
18 years. Encompass will also rebuild the liquid gas offloading
facility on the Savannah River.
-- The fabrication and installation of a process piping system at a
polymer production and compounding facility for Ticona in Shelby,
North Carolina.
-- Five mechanical and electrical systems construction and installation
projects at Dow Chemical manufacturing facilities in Freeport, Texas.
-- Installation of structural steel, electrical systems, heating,
ventilation, air conditioning, and piping for Newport News
Shipbuilding in Newport News, Virginia.
-- Replacement of a chilled water system at a Fortune 500 company
manufacturing facility in Virginia.
-- Installation of machinery and process piping for candy bar
manufacturing lines at a Fortune 500 company manufacturing facility in
Virginia.
"These awards, from long-term, valuable customers in a variety of industries, are an excellent illustration of the diversity of our operations," said Joe Ivey, Encompass president and chief executive officer. "This diversity of our business mix continues to be a strength for Encompass, providing us a significant hedge against downturns in any specific end markets."
Encompass also announced that its Industrial Services group recently received two National Petrochemical & Refiners Association Meritorious Safety Performance Awards from Valero Refining Company and Tosco Refining Company, as well as the Distinguished Supplier Award from Milliken and Company, a leading international textile and chemical firm.
"We're pleased to be recognized by both a leading industry organization and an important customer for our achievements in two key areas -- safety and customer service," said Ivey. |
